Legal Opinion
Welt v. Sasson (In Re Dollar Time Group, Inc.)
United States Bankruptcy Court, S.D. Florida.
Decided July 20, 1998No. 19-12718PublishedCited by 1 opinion
1Opinion of the Court
RECOMMENDED FINDINGS OF FACT AND CONCLUSIONS OF LAW
JAMES G. MIXON, Chief Judge.
This cause of action is before the Court upon the complaint of Kenneth A. Welt, Trustee, (“Trustee”) alleging that Joseph Sasson (“Sasson”) and Jeffrey Klansky (“Klansky”) breached their corporate fiduciary duty to Dollar Time Group, Inc. (“Dollar Time”), a debtor in this jointly administered ease. After a trial on the merits in Miami, Florida, on June 16 and September 15, 1997, the matter was taken under advisement.
Jurisdiction of this proceeding is pursuant to 28 U.S.C. §§ 157(a) & 1334. Sasson and Klansky have…
2Cases cited48 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Pepper v. LittonSupreme Court of the United States · 1939
- In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- Auerbach v. BennettNew York Court of Appeals · 1979
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3Cited by1 opinion
- Farrell v. American Executive Management, Inc. (In Re North Star Management, LP)United States Bankruptcy Court, D. North Dakota · 2003